SOURCE: Sage Software

August 28, 2006 12:03 ET

Sage Software Offers Nonprofit Organizations Secure Processing of Credit, Debit, and ACH Donations

AUSTIN, TX -- (MARKET WIRE) -- August 28, 2006 -- Sage Software today introduced new payment solutions offerings, which enable Sage MIP Fund Accounting and Sage Fundraising customers to take advantage of secure payment processing. The services are offered through Verus, a Sage Software company and leading provider of merchant services supporting organizations in processing transactions through credit cards, debit cards, and electronic checks.

"Accommodating constituents' preferred payment methods is becoming increasingly important to organizations of all types and sizes," said Dan Germain, vice president and general manager of product management for Nonprofit Solutions at Sage Software. "Recent growth in e-philanthropy and a wider adoption of e-commerce are driving the need for organizations to have a cost-effective and secure payment processing solution. We are happy to be able to provide that for our customers directly from Sage Software."

The Verus payment services provide Sage MIP Fund Accounting and Sage Fundraising customers with a secure, complete donation and payment processing solution. Credit card and ACH (automated clearinghouse) payments may be processed in any number of ways, and Verus' advanced payment gateway provides a secure, reliable, and cost-effective system for authorizing and managing transactions over the Internet.

Nonprofit organizations can now experience the following benefits from processing payments with Sage Software:

--  Saving money with group processing rates
--  Increasing operational efficiency with full online reporting,
    including historical data
--  Reducing liability and limiting exposure to possible credit card data
    breaches
--  Giving donors peace of mind that their confidential information is
    safe
--  Accepting ACH payments in addition to credit cards to further lower
    payment processing costs
--  Boosting donor retention by establishing a comprehensive recurring
    gift program with limited effort to maintain
    
Integration of Verus payment services into the full suite of Sage Software Nonprofit Solutions products will be added over the coming months, starting with integration to Sage Fundraising 50, the fundraising management solution for smaller, growing nonprofit organizations, in September 2006.

"Using our payment services will not only provide added security to constituents' sensitive information, but will also enable organizations to increase donations, while keeping more of their bank card revenue where it is needed most -- supporting the organization's mission," added Germain.

For more information about the Verus payment services for Sage Software's Nonprofit Solutions, please visit www.sagenonprofit.com/paymentsolutions or call 800-807-5871. For more information about Sage MIP Fund Accounting or Sage Fundraising solutions, please visit www.sagenonprofit.com or call 800-647-3863.

About Sage Software

Sage Software supports the needs, challenges and dreams of more than 2.6 million small and mid-sized business customers in North America through easy-to-use, scalable and customizable software and services. Our products support accounting, operations, customer relationship management, human resources, time tracking, merchant services and the specialized needs of accounting practices and the construction, distribution, manufacturing, nonprofit and real estate industries. Sage Software is a subsidiary of The Sage Group plc, a leading international supplier of accounting and business management software solutions and related products and services for small to mid-sized businesses. Formed in 1981, Sage was floated on the London Stock Exchange in 1989 and the Group now has 5.0 million customers and employs over 10,500 people worldwide. For more information, please visit the Web site at www.sagesoftware.com/moreinfo or call (866) 308-2378.

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